Housing market of Germany is currently on the growth phase after a long contraction period. House prices have gone up in recent times due to increased demand and relatively lower supply. House prices increased by 6% in 2016.Munich tops the chart in housing market due to rise in population and low vacancy rate. This has resulted in increased property prices. Housing market in Berlin also has positive outlook due to favourable labour market and prices and rents are comparatively lower. Increase in prices have also been observed in Cologne, Düsseldorf, Frankfurt am Main and Hamburg.

Building construction industry in Cologne is expected to record a CAGR of 3.5% to reach US$ 8,112.5 million by 2021, while in volume terms, it is expected to record a CAGR of 1.5% during the same period.

• Cologne Market Data by Value and Volume: This report provides market size and forecast across 20+ construction segments for a period of 10 years from 2012-2021 in Cologne, both in value and volume terms.